Prudential Douglas Elliman Real Estate is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. You may stop doing business with us at any time. You may accept or reject the offer of mortgage assistance we obtain from your lender [or servicer]. If you reject the offer, you do not have to pay us. If you accept the offer, you will have to pay us no fee, we are paid by the bank for our services. When You need answers and guidance to make the best possible decisions for you and your family contact the the name you know and trust, Prudential. For more then 130 years Prudential has provided relevant expertise and made a commitment to helping consumers like you.  When it comes to avoiding foreclosure every day counts. Don’t Wait. The Longer You Wait The Greater Your Future Liabilities. The information out there is overwhelming, and there are new government and non governmental programs coming out each day.  What should you believe and what program is best for you? How can you trust anything when everyone seems to want your money and at a time when you are already having difficulty keeping up with your mortgage payments? Scams that promise to "rescue" you from foreclosure are popping up at an alarming rate on Long Island, and you need to protect yourself and your home. ( Click here to learn more ) 7 Lessons learned from the housing crisis, With 2012 ahead and four years since the housing collapse helped push the nation into a severe recession, it might be time to sort out the  lessons from the crisis. Here are changes and trends that will -- real estate experts hope -- revive the housing market and everyone's financial future. More Hopefully you found us and this website early in your process, if not we can still help. Our goal here is education, analysis and solutions. If you can educate yourself as to your options you will be in a much better place to make the best decision regarding your home. I can help you analyze which programs may be best for you, and offer you guidance through the process and relocation support. So where are you today . . . ? Late on mortgage payments and starting to gather information Up late because it's hard to sleep when you are so stressed about your home Afraid that someone might knock on your door asking you to leave Just received a very scary letter from a law firm stating they are starting Foreclosure Ahead of the curve and trying to learn what you can do before it is too late Unlike many realtors, who may have no experience in doing short sales, I have a dedicated team including Lawyers and Accountants who know how to get your short sale done so you can get on with your life. I also have extensive experience and training in dealing with short sales, something many realtors do not. I have the ability to expedite many situations with lenders and get you a settlement in less time. Prudential Douglas Elliman has helped 100's of Long Islander’s sell their home as a short sale. My team can help you get answers to the most important questions. Please take some time and review the links on the left side and below. Our hope is to get you started with your short sale education and options. If you would like to speak with us directly about your situation and the options available to you please contact us via phone or use the Contact Us link to send us an email. If you have any questions, please don't hesitate to call The Baumann Group at: 631-589-8797, from 8AM to 11PM. Here are some of the questions you need answers to: 1. Who Should Negotiate the Short Sale? 2. Who is Really Calling the Shots? 3. Are there Prerequisites to a Short Sale? 4. Do I Have to miss a payment to do a Short Sale? 5. What constitutes a Hardship? 6. How (When) is Deficiency Amount Calculated? 7. Comparisons to "Strategic Default" and the "Ostrich Approach" 8. What is Debt Forgiveness and do I quailify? 9. What is an IRS Form 1099 and will one be Issued? 10. What are the Ultimate Tax Ramifications? 11. What is the Mortgage Forgiveness Debt Relief Act of 2007? 12. Should I do a Lien Release Only? 13. Is Bankruptcy a better option? 14. Are there other Settlement Options? 15. How much time do I really have? To get answers to these questions and any others you may have, contact Gary and his team of professionals. Please don't hesitate to call: The Baumann Group at: 631-589-8797, from 8AM to 11PM.

Are you at risk of foreclosure and losing your home? Foreclosure doesn't happen overnight Have you missed your house payment? Or Haven't missed a house payment yet, but afraid you might? Has your financial situation changed due to a mortgage payment increase, loss of job, divorce, medical expenses, increase in taxes or other reasons? Is your credit card debt becoming unmanageable? Are you using your credit cards to buy groceries? Is it becoming difficult to pay all your monthly bills on time? If it’s becoming harder to make your house payment each month: Contact one of our skilled counselors who can guide you thru your options. Few people think they will lose their home, they think they have more time. Here's how it happens. Note: Timeline varies by state. First month missed payment – your lender will contact you by letter or phone. A housing counselor can help. Second month missed payment – your lender is likely to begin calling you to discuss why you have not made your payments. It is important that you take their phone calls. Talk to your lender and explain your situation and what you are trying to do to resolve it. At this time, you still may be able to make one payment to prevent yourself from falling three months behind. A housing counselor can help. Third month missed payment – after the third payment is missed, you will receive a letter from you lender stating the amount you are delinquent, and that you have 30 days to bring your mortgage current. This is called a "Demand Letter" or "Notice to Accelerate". If you do not pay the specified amount or make some type of arrangements by the given date, the lender may begin foreclosure proceedings. They are unlikely to accept less than the total due without arrangements being made if you receive this letter. You still have time to work something out with your lender. A housing counselor can still help. Fourth month missed payment – now you are nearing the end of time allowed in your Demand or Notice to Accelerate Letter. When the 30 days ends, if you have not paid the full amount or worked our arrangements you will be referred to your lender's attorneys. You will incur all attorney fees as part of your delinquency. A housing counselor can still help you. Sheriff's or Public Trustee's Sale – the attorney will schedule a Sale. This is the actual day of foreclosure. You may be notified of the date by mail, a notice is taped to your door, and the sale may be advertised in a local paper. The time between the Demand or Notice to Accelerate Letter and the actual Sale varies by state. In some states it can be as quick as 2-3 months. This is not the move-out date, but the end is near. You have until the date of sale to make arrangements with your lender, or pay the total amount owed, including attorney fees. Redemption Period – after the sale date, you may enter a redemption period. You will be notified of your time frame on the same notice that your state uses for your Sheriff's or Public Trustee's Sale. Important: Stay in contact with your lender and get assistance as early as possible. All dates are estimated, and vary according to your state and your mortgage company. We provide sellers with a comprehensive proven system to help sell your home. We will use our proven formula of assembling our team of professionals to help you get out from under the burden of your home. We are not new comers entering the market to prey on distressed home owners, and will be gone tomorrow. Our system has made Prudential Elliman the #1 Short Sale Real Estate Brokerage on Long Island. We will provide you with all of the resources you need to complete the transaction, and help you with your relocation needs.